secwatch.observer — SEC 8-K summary
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Issuer:     CENTURY CASINOS INC /CO/ (CNTY)
CIK:        0000911147
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0000911147-23-000053
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Century Casinos completes $56.1M acquisition of Rocky Gap Casino Resort operations
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- Purchased Rocky Gap operations from Golden Entertainment for ~$56.1M; financed with $30M revolver draw plus cash.
- VICI Properties acquired land/building for ~$203.9M; Master Lease amended with $15.5M annual rent increase.
- Property has 630 slot machines, 16 table games, 198 hotel rooms, 18-hole Nicklaus golf course.
- Pro forma 2022 net revenue $508.5M and Adj. EBITDA $128.7M, inclusive of Rocky Gap.
- Portfolio expands to 19 casinos worldwide; 7,565 gaming machines, 268 table games.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911147/000091114723000053/0000911147-23-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911147/000091114723000053/cnty-20230725x8k.htm
  HTML page:      https://secwatch.observer/filing/0000911147-23-000053

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